Turkey’s energy-hub plans at risk
The coup has not affected oil and gas flows, but the purge and new instability will expose the Iraq-Turkey Pipeline to more danger and hurt Ankara’s broader import-export project
TURKEY has spent the past decade pushing its claim to be the main bridge between East and West and a link between the northern and southern worlds. It has had some success: Istanbul’s Ataturk airport, for example, struggles to cope each day with tens of thousands of passengers transiting to destinations across four continents, with Turkish Airlines serving more cities than any other carrier. The country’s ambitions in energy are similar. Turkey sits on the doorstep of major producers of oil and natural gas. Logic dictates that energy-hungry Europe should meet a large part of its gas needs via a Turkish hub. But hubs – for energy as much as air travel – need stability and security, and the fa
Also in this section
1 November 2024
Ashgabat’s ambitions appear to mesh well with China’s growing appetite for gas
31 October 2024
The country is nearing a tipping point as its domestic needs continue to grow
30 October 2024
Attempts to control domestic fuel prices could threaten supply
29 October 2024
After some delay, the much-heralded sale of oil and gas companies’ mature upstream assets in sub-Saharan Africa has gained fresh momentum, with a clutch of deals reaching completion